Lee Raymond
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Lee R. Raymond has been the chairman and CEO of ExxonMobil since 1999. He had previously been the CEO of Exxon since 1993.He joined the company in 1963 and has been president since 1987 and a director since 1984.
A native of Watertown, South Dakota, Mr. Raymond joined Exxon as a production research engineer in Tulsa, Oklahoma. Over the next 16 years, he held positions of increasing responsibility with Exxon Company, U.S.A.; Creole Petroleum Corporation, which was Exxon's operating affiliate in Venezuela before those facilities were nationalized; the former Exxon International Company, which was responsible for Exxon's international supply and transportation of petroleum products and crude oil; and Lago Oil & Transport Company, Limited, the Exxon affiliate in Aruba.
He became president of Exxon Nuclear Company, Inc. in 1979, and moved to New York in 1981, when he was named executive vice president of Exxon Enterprises. In 1983, Mr. Raymond was named president and director of Esso Inter-America Inc., with responsibilities for Exxon's operations in the Caribbean, Central and South America. Mr. Raymond was named a senior vice president and was elected to the board of directors of the corporation in 1984. He became president of the corporation in 1987. In 1993, Mr. Raymond was named chairman and chief executive officer of Exxon Corporation. His Salary in 2005 was about $42 million dollars including his pay and excerised pay with stock options.
Mr. Raymond is vice chairman of the Board of Trustees of the American Enterprise Institute and a director of the United Negro College Fund. He is a director of J.P. Morgan Chase & Co., co-chairman of its Corporate Governance and Nominating Committee, and a member of its Compensation and Management Development Committee. He is a director and a member of the Executive Committee and Policy Committee of the American Petroleum Institute. He is also a member of the National Advisory Council of the American Society for Engineering Education.
Education
- Bachelor's degree in chemical engineering, University of Wisconsin, 1960.
- Raymond earned a PhD. in Chemical Engineering from the University of Minnesota. He was awarded an honorary doctorate of laws degree from the same university in 2001.
see also 'Charlie Rose: Tues. Dec. 7, 2004 ...' (PBS/Bloomberg/WNET)
External links
- CNBC's Maria Bartiromo sits down with ExxonMobil's Lee Raymond to discuss Iraq, the company's oil exploration business, and gas and oil prices. (http://www2.exxonmobil.com/Corporate/Newsroom/SpchsIntvws/Corp_NR_SpchIntrvw_LRR_040303.asp)
- WSJ article on the stance Lee Raymond, and therefore ExxonMobil, has taken on climate change. (http://online.wsj.com/article_email/0,,SB111870440192558569-IhjgINllah4n5yraXuHcaqBm4,00.html)